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decreasing in the substitutability of worker types. This cost of search is then decomposed into three components: unemployment … workers being more choosy. The resulting equilibrium is not efficient. Unemployment benefits can reduce the loss by serving as …
Persistent link: https://www.econbiz.de/10011303299
estimates. The research period has been characterised by high labour demand, negative supply shocks, high levels of inflation …
Persistent link: https://www.econbiz.de/10014541860
rate) and unemployment in Japan for the period between 1972 and 2002. We find that, although Japan’s unemployment rate has … been influenced by specific exogenous shocks, the effects of entrepreneurship on unemployment are not different when …
Persistent link: https://www.econbiz.de/10011372966
Unemployment rates appear to vary widely at a subregional (e.g., local or provincial) level. Using spatial econometric … models for spatial autocorrelation, this paper focuses attention on the spatial structure of regional unemployment … of unemployment in the 103 provinces of Italy for the years 1998 and 2003. The results suggest that there is a clear …
Persistent link: https://www.econbiz.de/10011372985
We study optimal government spending in a business cycle model with frictional unemployment. The Ramsey optimal policy …
Persistent link: https://www.econbiz.de/10011374417
industrialized countries is one of the most debated issues in both labor and macro-economics. In this paper a matching model with low …
Persistent link: https://www.econbiz.de/10011302133
We investigate experimentally the economic effects of wage taxation to finance unemployment benefits for a closed … the dynamic interaction between the wage tax and unemployment. (ii) Employment is boosted by budget deficits but … employment. For labor the wage tax exacerbates this adverse effect. …
Persistent link: https://www.econbiz.de/10011304623
pattern of searchunemployment does not match observed unemployment and we propose a new conceptof 'voluntary' unemployment …
Persistent link: https://www.econbiz.de/10011333255
selective extension of the potential duration of unemployment benefits. If social interactions are important, this policy change … affects entitled individuals not only directly, but also indirectly by altering the duration of unemployment in the reference …
Persistent link: https://www.econbiz.de/10011333880
unemployment in Japan. The question is to what extent business ownership, i.e., entrepreneurship, can reduce the level of … unemployment. It will be concluded that Japan is hardly an outlier when using a simple model of the relationship between … unemployment and the rate of business ownership. The model is calibrated using recent data of 23 OECD countries. It shows a minor …
Persistent link: https://www.econbiz.de/10011334828